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Land Securities Group(LAND)

Sector:

Real Estate

Index:

FTSE 100

Market Cap

£5,474m

Change Today

Price Down-3.00p

Share Price

1,177.00p

LAND Overview

One of the UK's largest property companies, for many years Land Securities was in effect a proxy for the UK quoted property sector. Retail and offices are now its biggest sectors and biggest contributors to rental income. The company also provide property services to more than 2,500 private and public sector clients

1 Day Chart

1 Day Chart

6 Month Chart

6 Month Chart

Income & Efficiency

Latest F'cast
Div Yield 5.4% 5.5%
Div Cover 1.3 1.2
Op Mrgn -31.5% 39.8%
ROCE -4.0%  

Valuation

Latest F'cast
P/E 14.4 14.7
PEG 0.9 n/a
Pr/Revenue 3.5 7.6
Pr/Book 0.6  

Growth

Latest F'cast
Revenue -4.9% -53.6%
PBT n/a n/a
EPS 16.2% -2.4%
DPS 20.8% 4.1%

LAND Fundamentals

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Mar-04 a1,285.80 a373.10 47.86p 22.8 n/a -6% 37.10p 3.4%
31-Mar-05 1,627.10 1,307.50 67.13p 19.3 0.5 +40% 43.25p 3.3%
31-Mar-06 1,828.70 2,359.20 70.76p 27.2 5.4 +5% 46.70p 2.4%
31-Mar-07 1,641.10 1,979.10 70.48p 30.4 n/a -0% 53.00p 2.5%
31-Mar-08 1,561.20 (888.80) 81.90p 18.4 1.2 +16% 64.00p 4.2%

a. Based on UK GAAP presentation of accounts - includes discontinued activities

LAND Forecasts

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Mar-09 724.75 288.25 79.91p 14.7 n/a -2% 66.65p 5.5%
31-Mar-10 739.18 339.79 82.35p 14.3 4.7 +3% 69.45p 5.8%

Covering analysts: Arbuthnot Securities, Charles Stanley & Co, Citigroup Investment Research, Credit Suisse, Deutsche Bank Research, HSBC Securities, JP Morgan, Lehman Bros, Merrill Lynch, Morgan Stanley, Société Générale

LAND Company Announcements

Total Voting Rights 02-Jul-2008 16:39 RNS
Annual Information Update 30-Jun-2008 10:55 RNS
Notice of AGM 19-Jun-2008 07:00 RNS

LAND ShareCast News

Sunday's newspaper round-up: Marks & Spencer, Mi... 06-Jul-2008 ShareCast
Broker snap: More broker woe for Liberty Interna... 24-Jun-2008 ShareCast
FTSE 100 movers: Land Securities falls on broker... 23-Jun-2008 ShareCast

LAND Top Newspaper Links

Property giant to decide on Trillium sale 06-Jul-2008 Independent on Sunday
Dubai sovereign wealth fund shuns partners in £1... 25-Jun-2008 Times
Need to know 21-Jun-2008 Times

Latest LAND Director Deals

No deals were found in the last 28 days.

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: In the case of dual listed securities, broker recommendations and forecasts relate to the primary listing.

Note 6: Forecast figures based on normalised accounts.

 

LAND Market Data

Currency UK Pounds
Share Price 1,177.00p Price Down
Change Today -3.00p
52 Week High 1,827.00p
52 Week Low 1,161.00p
Volume 1,527,727
Shares Issued 465.09m
Market Cap £5,474m
Beta 0.99
RiskGrade 156

LAND Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
1.74% below the market average1.74% below the market average1.74% below the market average1.74% below the market average1.74% below the market average
52.63% below the sector average52.63% below the sector average52.63% below the sector average52.63% below the sector average52.63% below the sector average
Price Trend
25.59% below the market average25.59% below the market average25.59% below the market average25.59% below the market average25.59% below the market average
0.61% below the sector average0.61% below the sector average0.61% below the sector average0.61% below the sector average0.61% below the sector average
Income
47.37% above the market average47.37% above the market average47.37% above the market average47.37% above the market average47.37% above the market average
21.35% above the sector average21.35% above the sector average21.35% above the sector average21.35% above the sector average21.35% above the sector average
Growth
78.31% below the market average78.31% below the market average78.31% below the market average78.31% below the market average78.31% below the market average
84.25% below the sector average84.25% below the sector average84.25% below the sector average84.25% below the sector average84.25% below the sector average

What The Brokers Say

Strong Buy 1
Buy 2
Neutral 7
Sell 1
Strong Sell 2
Total 13
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

LAND Dividends

  Latest Previous
  Q4 Q3
Ex-Div 18-Jun-08 12-Mar-07
Paid 28-Jul-08 25-Apr-07
Amount 16.00p 16.00p

Trades for 04-Jul-2008

Time Volume / Share Price
16:35 188,412 @ 1,177.00p
16:29 227 @ 1,179.00p
16:29 272 @ 1,178.00p
16:29 706 @ 1,178.00p
16:29 282 @ 1,179.00p

LAND Key Personnel

CEO Francis Salway

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"Best Research and Information Provider"

4th Floor, Bankside House, 107 Leadenhall Street, London EC3A 4AF.
Registered in England and Wales (registered no. 3678570).